Debt burden, hazy outlook weigh on DLF

By

Ravi Krishnan of Mint

Updated May 26, 2011 1:47 a.m. ET

MUMBAI -- Rising interest rates and high prices have forced buyers to defer their home purchases putting the real-estate sector in not-so good shape for the past six months. These conditions are not going to change overnight. Hence, the outlook for the industry remains somber.